Core Insights - The discussion regarding the succession plan at Midea Group has resurfaced, initiated by Chairman and President Fang Hongbo's humorous response to analysts' inquiries about the successor issue [1] - Fang emphasized the importance of planning for succession to avoid potential declines in decision-making abilities due to aging, stating that he has already considered several candidates for succession [1] - Midea Group has identified six to seven potential successors, although specific details about these candidates remain confidential [1] Management Structure - The 2024 annual report of Midea Group reveals younger executives who may be suitable for future leadership roles, including 48-year-old Wang Jianguo, 46-year-old Guan Jinwei, 43-year-old Bai Lin, 39-year-old Zhao Lei, 43-year-old CFO Zhong Zheng, and 42-year-old CPO Zhao Wenxin [2] - These younger executives have demonstrated significant capabilities and potential in their respective positions, indicating a well-prepared leadership pipeline for the future [2] - The specific candidates and succession plans will require further observation and evaluation, but Midea Group appears to be adequately preparing for its future leadership [2]